Cooperative Strategy

Regulation

By CU Student Choice | Nov. 13, 2017

What are the key factors that credit unions must consider when implementing a private student lending program or managing an existing one?

By Chip Filson | Oct. 26, 2017

Are you willing to get involved in saving the NCUA from itself and the credit union movement for future generations?

By Chip Filson | Oct. 26, 2017

Keeping credit unions’ money for itself in the corporate bailout fund merger is the last straw — NCUA’s self-interest trumped its cooperative responsibility.

By Rebecca Wessler | Oct. 16, 2017

Five can't-miss data points featured this week on CreditUnions.com.

By Kaufman & Canoles | Oct. 16, 2017

The concept is simple, but here are some items a credit union should check when presented with a power of attorney.

By Marc Rapport | Oct. 16, 2017

The government relations and engagement chief at Visions FCU shares how the New York-Pennsylvania-New Jersey credit union makes lobbying a team effort.

By Marc Rapport | Oct. 16, 2017

The industry is increasingly looking to operatives to advance its agenda at state houses and on Capitol Hill.

By Chip Filson | Aug. 25, 2017

Merging the TCCUSF and NCUSIF is a good idea. But don’t let NCUA fool you into keeping $1 billion of your members’ money.

By Marc Rapport | April 28, 2017

Trade lobbies and compliance consultants say it isn’t just regulations that seem frozen, and what follows the thaw?

By Jon Jeffreys | March 6, 2017

The NCUA board chair's GAC speech may pave the way for a once-in-a-generation opportunity for the credit union movement to leverage the loosened shackles of regulatory reform. Are we up to it?

Subscribe to our Exclusive Content Today

The benefits are endless!

Learn More
By Elan Financial Services | March 6, 2017

While the new administration and Congress could change the CFPB, the bureau’s rules remain in effect and should be the subject of careful compliance.

By Marc Rapport | Feb. 28, 2017

The NCUA’s board chair says his top priority in 2017 is returning to credit unions the several billion dollars they’re owed from the regulator’s bailout of corporate credit unions in the Great Recession.

By Marc Rapport | Jan. 30, 2017

Amid planning for compliance and interchange hits, credit unions can count on a little help from their friends.

By Marc Rapport | Dec. 19, 2016

Technology providers evaluate 2016 and look ahead to the coming year.

By Chip Filson | Dec. 1, 2016

More than $8 billion of credit union money is tied up in and around the regulator’s bailout of the corporates, but little else is really known.

By Marc Rapport | Dec. 1, 2016

Class-action suits pile up and it’s very easy to run afoul of complex, outdated regulations surrounding auto-calls and collections.

Partner Perspective
Ask The Experts: Disparate Impact

By CRIF Lending Solutions | Nov. 14, 2016

CRIF Achieve helps credit unions comply with fair lending regulations.

By PSCU | Nov. 7, 2016

Credit unions can invest in the startups and serve the end users.

By Chip Filson | Oct. 31, 2016

The agency’s board ducks responsibility and shrouds in secrecy what’s happening with $3 billion in recoveries from the sellers of dubious private mortgage securities.

By Marc Rapport | Oct. 24, 2016

The small Oregon-Washington credit union uses internal efficiencies and external outreach to hit new heights.

By Marc Rapport | Oct. 23, 2016

CFPB Director Richard Cordray tells Money 20/20 audience about his agency’s programs to encourage product innovation, within limits.

Partner Perspective
The Importance Of FCRA Compliance

By Kaufman & Canoles | Oct. 17, 2016

Stiff potential penalties underline the need to maintain and adhere to up-to-date compliance programs.

By E.C. Harrison | Sept. 19, 2016

The chief financial officer of First Community in Texas talks about questioning authority, the regulatory environment, and the future of credit unions.

By Marc Rapport | Aug. 22, 2016

Redstone Federal Credit Union combines risk and reward in its counseling-lending program and casts a wary eye at proposed CFPB changes in short-term loan regs.

By Marc Rapport | Aug. 4, 2016

The regulator’s move may be first step of more relief to come.

By Marc Rapport | June 30, 2016

Future shock, building a credit union blockchain, and a sustainable initiative to create credit union awareness were all topics at America’s Credit Union Conference.

By Marc Rapport | June 27, 2016

Day two at ACUC sees focus on polling, projects, the regulatory burden, and how to compete.

By Marc Rapport | June 23, 2016

New regs would provide a safe harbor under NCUA rule, but some say the effects could re-define small-dollar lending and sharply reduce availability.

By Marc Rapport | June 17, 2016

NAFCU conference attendees hear of hope for change in Washington, how size and gender matters in executive pay, and that risk management includes reputations.

By Marc Rapport | May 19, 2016

Examiners expected to follow new mobile rules from joint regulator council.

By Callahan & Associates | May 3, 2016

In February 2016, Callahan & Associates surveyed and collected open-ended feedback from 203 credit union executives from 46 states regarding their preparation, implementation, and post-TRID experiences.

By Callahan & Associates | May 3, 2016

In February 2016, Callahan & Associates surveyed and collected open-ended feedback from 203 credit union executives from 46 states regarding their preparation, implementation, and post-TRID experiences.

By Marc Rapport | May 2, 2016

Improving processes and building relationships with regulators are two ways credit unions can ease compliance pain.

By Marc Rapport | May 2, 2016

The growing role of credit union service organizations in providing scale and expertise has caused increased scrutiny from the industry regulator.

By Stephanie Clark | May 2, 2016

Since the beginning of 2015, the NCUA placed a final ruling on 14 regulations. What are these regulations and how will they impact credit unions?

By Chip Filson | April 26, 2016

A review of NCUSIF audits show a rebuff of reality that marks seven years of building budgets while thwarting the fund’s intent to sustain and nurture.

By Chip Filson | April 15, 2016

NCUA chair Debbie Matz leaves the board as the movement prepares to live with burdensome new capitalization standards that data show nearly no credit unions currently run afoul of.

By Michelle Parker | April 14, 2016

The new accounting standard from FASB presents challenges and opportunities to credit unions and CUSOs.

By Jay Johnson | April 13, 2016

NACUSO conference points up innovative opportunities, regulatory challenges for collaborative entrepreneurship in the credit union model.

By Marc Rapport | April 4, 2016

The experience of two credit unions shows prepping early for the TILA-RESPA Integrated Disclosure form changes paid off.

By Michelle Parker | April 4, 2016

Callahan & Associates surveyed more than 200 credit union executives regarding their preparation, implementation, and post-TRID experiences.

By Michelle Parker | April 4, 2016

Has TRID caused delays in credit union mortgage closings? If so, why? Find out what more than 200 credit union leaders report.

By Marc Rapport | Feb. 25, 2016

Bipartisan support erases party lines for credit union advocates for regulatory relief.

By Chip Filson | Feb. 22, 2016

Credit unions need to value service as much as profitability and be able to show it.

By Marc Rapport | Feb. 22, 2016

Agency rule seen as especially favorable for real estate lending as regulatory relief languishes on Capitol Hill.

By Marc Rapport | Feb. 2, 2016

Compliance dance card overflows in 2015 while credit union legal beagles see TRID and true changes in 2016.

By Erik Payne | Jan. 21, 2016

Why the Oscar-nominated Great Recession-era flick strikes a chord, especially for those in financial services.

By Marc Rapport | Jan. 7, 2016

One tech startup titan calls it quits while another touts hitting scale. Internet Archive FCU and CU Wallet see very different 2016s.

By Jon Jeffreys | Jan. 4, 2016

Crowdfunding provides opportunities for credit unions, small businesses, investors, and local communities.

By Marc Rapport | Dec. 9, 2015

Huge transportation bill includes some credit union-friendly measures that may, or may not, be harbinger of more to come. Either way, they do provide some regulatory relief.

By Marc Rapport | Nov. 30, 2015

The digital feature is part of the agency’s new resolution process for credit unions and their members.

By Elan Financial Services | Nov. 30, 2015

What are common compliance pitfalls a credit union can fall into?

By Kaufman & Canoles | Nov. 16, 2015

The fine print counts, so here are some common terms found in commercial loan documents spelled out in plain English.

By E.C. Harrison | Nov. 11, 2015

Experiences in high-tech manufacturing, small business services, and the rodeo have prepared Kim Alexander, executive vice president and chief financial officer of Warren Federal Credit Union, for her role at a high-growth credit union.

By Marc Rapport | Nov. 5, 2015

Credit union involvement seen as limited but experts say keep an eye on the bouncing ball nonetheless.

By Aaron Pugh | Nov. 4, 2015

What do mountains, frisbees, and barbecue competitions all have to do with credit unions?

Communication with real estate partners and with members will make disclosure changes less of a barrier to getting a home purchase closed.

By Erik Payne | Oct. 22, 2015

How will the agency’s ruling ultimately affect credit unions?

By Marc Rapport | Oct. 22, 2015

Not all dark waters as TRID changes take effect and HMDA changes announced, but much work remains.

By Marc Rapport | Oct. 15, 2015

A panel at BAI Retail Delivery focused on “turning lemons into lemonade” with a culture shift that makes compliance a customer service imperative.

By Callahan & Associates | Oct. 8, 2015

In this webinar, Callahan & Associates and Westerra CEO Jennifer Meyers discuss how the credit union uses its own performance data, national and regional economic reports, and internally drawn qualitative assessments to monitor its loan loss allowance.

By Callahan & Associates | Sept. 1, 2015

A monthly collection of Callahan content that, together, addresses a single topic from a variety of perspectives.

By E.C. Harrison | Aug. 31, 2015

In this Q&A, Kristen E. Edmundson, vice president of audit and compliance at Purdue Federal Credit Union, shares her perspectives on pain points, best practices, and the future of vendor management.

By Erik Payne | Aug. 1, 2015

SECU shares how it prepared its 1,800 certified mortgage loan originators for changes resulting from the new loan disclosure rules.

By Erik Payne | July 27, 2015

In 2010, Fairfax County Credit Union received supplemental capital from the U.S. Treasury. Here’s how it used those funds to improve the long-term health of the credit union and its membership.

By Michael Wettrich | July 27, 2015

Michael Wettrich, president and chief executive of the $90 million Education First Credit Union in Ohio, makes the case for supplemental capital at credit unions.

By Chris Howard | July 27, 2015

Supplemental capital is a useful tool that is long overdue; however, it is not without risk and potential complications.

By Marc Rapport | July 15, 2015

Regulator welcomes recommendation for congressional action, says increased authority would benefit the industry’s ability to secure member data.

By Erik Payne | July 2, 2015

Reducing compliance costs can save credit unions thousands of dollars annually and help smaller institutions remain independent.

By Marc Rapport | June 25, 2015

When it comes to influencing regulators, whether credit union bills make it into law is often not as important as the attention they attract. Here's an update on why.

More plausible interest rate scenarios would better serve the industry in planning for rising rates.

By Marc Rapport | June 11, 2015

Call it what you will, CFPB's promise to go easy on mortgage disclosure changes provides some temporary relief.

By Jon Jeffreys | June 10, 2015

Will new mortgage disclosures set to take effect in August help or hinder consumer understanding of debt?

By Marc Rapport | May 28, 2015

After big fine on big bank, bureau’s blanket probe of credit union core processor NSF settings raises eyebrows and call for self-examination.

By Erik Payne | May 21, 2015

Eight differences between bank and credit union vocabulary to prepare former bankers for their first couple of weeks of credit union employment.

By Kaufman & Canoles | May 18, 2015

These four lawsuits can provide valuable lessons to the industry.

By Callahan & Associates, Inc. | May 15, 2015

Learn how credit unions performed in first quarter 2015 and find new opportunities in today's encouraging economic environment.

By Erik Payne | May 13, 2015

First quarter performance data showcases current and future areas of growth for credit unions, including first mortgages and share accounts.

By Tim Mislansky | May 7, 2015

TILA/RESPA integrated disclosure is so much more than a disclosure regulation. Many believe it will be a bigger deal than the Qualified Mortgage rule from January 2014.

By Marc Rapport | May 4, 2015

Preparation, communication, and simple hospitality can go a long way toward making the grade with the regulator.

By Erik Payne | May 4, 2015

TTCU’s chief risk officer talks about responsibilities, skills, and value to the institution.

By Rebecca Wessler | April 27, 2015

The deadline to submit comments about NCUA's risk-based capital proposal is April 27. This roundup of RBC2 commentary offers inspiration and suggestions for crafting a comment.

By Michael Emancipator | April 27, 2015

More than 1,000 credit union advocates from across the industry have made their voices heard. This selection of comments about NCUA’s revised risk-based capital proposal highlights drawbacks of the rule and underscores the importance of feedback.

By Chris Howard | April 23, 2015

Legal battle and years of uncertainty could follow a final rule like this.

By Chris Howard | April 20, 2015

This "fundamentally flawed" policy actually creates a capital problem.

By Chris Howard | April 19, 2015

Rick Metsger says the NCUA has a duty to protect the insurance fund against "material risks."

By Chris Howard | April 17, 2015

Like generals, regulators are always fighting the last war.

By Chris Howard | April 16, 2015

Much of the logic surrounding RBC2 is absurd, especially the idea that it offers any more protection than effective examination.

By Callahan & Associates | April 15, 2015

Does the future look bright for U.S. credit unions? Industry leaders weigh in on where they see opportunities and challenges.

By Chris Howard | April 13, 2015

Reserves are different from capital, and with RBC2, credit union members pay the price.

By Chris Howard | April 7, 2015

The argument that existing capital regulations are ineffective just doesn’t hold water.

By Chris Howard | April 6, 2015

Systemic rules like RBC are always simplistic and inflexible, a kind of bureaucratic bludgeon.

Partner Perspective
TILA/RESPA Preparation Check-In

By CUNA Mutual Group | April 6, 2015

Now is the time to get ready for mortgage disclosure changes coming Aug. 1.

By Fannie Mae | April 6, 2015

Appraisal risk application supports proactive management of appraisal quality and improves customer relationship tools.

By Chris Howard | April 6, 2015

The NCUA is proposing an invasive, possibly illegal solution to a problem that does not exist.

By Chris Howard | April 2, 2015

Callahan's research chief goes on the air with CUbroadcast to discuss why the NCUA board should vote against the agency's proposed risk-based capital rule and why credit unions need to lodge their comments now.

By Marc Rapport | April 2, 2015

Reports show feds quietly raising bar on security and noting demographic differences in mobile banking and payments.

By Chris Howard | April 2, 2015

Credit unions should focus their efforts on persuading NCUA board member Rick Metsger to change his mind on RBC.

By Chris Howard | March 31, 2015

NCUA will assume it's all peachy-keen unless the agency hears from credit unions.

By Chip Filson | March 30, 2015

The annual performance of the share insurance fund is a real-world test of NCUA’s ability to identify future risk, document potential shortfalls, and accurately manage uncertainties.

By Chris Howard | March 30, 2015

Already commented once? Do it again. Haven't yet? Now's the time.

By Randy Karnes | March 27, 2015

Current comment period should be just the beginning of constant contact with those who rule our world.

By Chip Filson | March 27, 2015

Yay or nay, the cooperative system needs your participation on matters of such consequence.

By Marc Rapport | March 26, 2015

Call for comment gains urgency as April 27 deadline approaches.

By Chip Filson | March 26, 2015

Exercise your right and do the right thing for your members by commenting on the risk-based capital rule. It's your "vote." Make it count.

By Chip Filson | March 12, 2015

Year-end data clearly proves there is no capital problem or shortfall in the credit union system.

By Marc Rapport | March 11, 2015

Regulators and legislators promise reform to skeptical audience, plus other observations from four days in DC.

By Chip Filson | March 4, 2015

When will the NCUA pay attention to how the FDIC views risk-based capital?

By Chip Filson | March 2, 2015

Escape the circus and live beyond the limits of the imaginary lid. Comment on the RBC rule.

By Ellie Mae | March 2, 2015

Credit Unions should consider these four tips to make sure they're ready for the change.

By Erik Payne | Feb. 23, 2015

How ORNL Federal Credit Union designed a vendor management system that is both centralized and departmentalized.

By Callahan & Associates, Inc. | Feb. 23, 2015

Learn how credit unions performed in fourth quarter 2014 and find new opportunities in today's encouraging economic environment.

By Randy Karnes | Feb. 23, 2015

Is making the NCUA look professional more important than debating rules before they're passed?

By Aaron Pugh | Feb. 23, 2015

Tips from BECU on how to manage growth and risk under increased regulator scrutiny.

By Tim Mislansky | Feb. 13, 2015

Qualified mortgage rules should reflect bigger credit unions as part of the solution, not part of the problem.

By Marc Rapport | Feb. 13, 2015

Industry preparing RBC commentary as NCUA rolls out annual regulatory review list with more to consider, and a deadline in August.

By Randy Karnes | Feb. 5, 2015

A new era of transparent debate and both sides of the story will be good for us all!

By Marc Rapport | Jan. 22, 2015

NCUA preaches member data protection, told to practice the same, as agency prepares regulatory response to California thumb drive mishap.

By Chip Filson | Jan. 20, 2015

NCUA is setting an anti-democratic precedent in its repeated efforts to keep private the legal opinions about its public regulatory authority. RBC is one example. The CUSO rule is another. Will there be more?

By Erik Payne | Jan. 16, 2015

A condensed review of the changes NCUA made to its proposed risk-based capital rule and the primary takeaways for credit unions.

By Chip Filson | Jan. 16, 2015

How did the three board members and NCUA fare during the open meeting in which the agency released the revised risk-based capital proposal?

By Jordan Modell | Jan. 14, 2015

New Jersey de novo says it’s well capitalized but heavily restricted, and CEO has some suggestions for working together.

By Chip Filson | Jan. 13, 2015

To craft an effective response, credit unions must understand how board members view the rule.

By Chip Filson | Jan. 12, 2015

If NCUA implemented the role of the practitioners in the spirit of member participation, then the precedent could be an important milestone in how the agency works with credit unions.

By Chip Filson | Jan. 12, 2015

A speech by the vice chair of the FDIC should be top of mind as the industry considers the new risk-based capital proposal.

By Chip Filson | Dec. 19, 2014

Discussions held during the largest ever credit union conference still resonate today.

By CU Student Choice | Oct. 20, 2014

Understanding and retaining control of your student lending program is critical to its success.

By Marc Rapport | Sept. 25, 2014

Coming compliance change would add new heft to “know your customer” rules for business, organizational accounts.

By Erik Payne | Sept. 23, 2014

Three days of takeaways from the ACUMA’s 2014 fall conference.

By Drew Grossman | Sept. 19, 2014

Credit union leaders explain the difficulties of running an organization in the face of new regulatory challenges.

By Marc Rapport | Sept. 16, 2014

While Senate panel hears from trades, former NAFCU VP says CFPB might be able to do what Congress won’t.

By Jay Johnson | Aug. 25, 2014

The proposed rule will not provide credit unions with more flexibility or additional tools to manage liquidity and interest rate risk.

By Kaufman & Canoles | Aug. 18, 2014

Social media is a hot topic, but it has its risks, especially potential consumer compliance risks.

By Erik Payne | Aug. 8, 2014

FICO's recent changes to how it calculates credit scores could have consequences for your lending portfolio.

By Chip Filson | Aug. 7, 2014

The credit unions on NCUA’s risk-based capital panel have an opportunity to make a difference for the cooperative system.

By Chip Filson | July 21, 2014

NCUA's listening session should be a wake-up call for credit unions. Why does the regulator want to follow an ineffective banking model when the cooperative approach has proven time and again to be superior?

By Callahan & Associates | July 15, 2014

Callahan's leadership team weighs in on what's happening around the industry.

By Jay Johnson | July 9, 2014

Credit unions have always been outgunned, impeded, and underestimated. So why are these financial institutions winning at a time when so many others have fallen short?

By Jennifer Davis | July 1, 2014

With members who are either blood relatives or married to one, Our Family Social maintains a tradition that began more than 60 years ago.

By Drew Grossman | May 28, 2014

According to Wright-Patt Credit Union CEO Doug Fecher, risk-based capital should be a conversation between regulators and cooperatives, not a hard and fast rule.

By Chris Howard | May 17, 2014

Comparing home-based credit unions to buggy whips trivializes the modern quality services they provide to their members

By Chip Filson | May 15, 2014

RBC mandates a one-sided approach to financial soundness that requires credit unions to play only defense with no offense. No team wins that way.

By Chip Filson | May 15, 2014

NCUA has yet to provide a weighting for human error.

By Chip Filson | May 15, 2014

The 2013 annual audit of the TCCUSF shows credit unions are due billions of dollars in refunds. Now is the time for a thorough review of NCUA’s stewardship.

By Chip Filson | May 14, 2014

NCUA asserts home-based credit unions are "stuck in the past," but the fact these credit unions have an average charter length of 55 years and have survived the Great Depression, World War II, the Vietnam War, and the Great Recession tells a more meaningful story.

By Chip Filson | May 13, 2014

NCUA’s proposed rule to prohibit credit unions from operating out of private residences has wide-reaching effects not only for the 74 home-based federal credit unions but also for every credit union operating in this country.

By Rebecca Wessler | May 5, 2014

With NCUA’s proposed risk-based capital rule, banks come out on top.

By Callahan & Associates | April 30, 2014

A panel discussion on the most comprehensive and consequential regulation ever proposed for credit unions.

By Sharon Simpson | April 14, 2014

A Q&A with Maps Credit Union on how it evaluates its local bank and credit union competitors.

By Chip Filson | April 10, 2014

Bank regulators vote to strengthen the leverage capital requirements for the eight largest banking organizations by taking an approach the cooperative model has used for more than 100 years.

By Jon Jeffreys | April 10, 2014

... and other reflections from a walk on a sunny spring day.

By Chris Howard | April 7, 2014

In the hands of skilled credit union underwriters, creative loan structures can help deserving buyers acquire affordable homes and achieve the American Dream.

By Chip Filson | April 3, 2014

NCUA’s proposed RBC rule would double credit union capital requirements versus banks for common asset classes where risk weights are different.

By Chip Filson | April 3, 2014

An analysis of capital requirements for a bank and a credit union with the same asset size and composition.

By Drew Grossman | March 10, 2014

First Tech FCU created a chief investment officer role to manage the multibillion-dollar institution’s investment portfolio.

By Chip Filson | Feb. 27, 2014

NCUA's proposed rule not only presents an unbalanced portrait of the home-based credit union today but also overrides the right of a credit union to choose a different design and purpose.

By Chip Filson | Feb. 27, 2014

Anecdotes and comments about NCUA home-based credit union rule demonstrate the power of the cooperative model.

By Chip Filson | Feb. 25, 2014

When did a public hearing become a secret proceeding?

By Michael Emancipator | Feb. 24, 2014

ATR gives borrowers more legal rights to challenge a creditor, but the true cost arising from those rights is yet to be determined.

By Chip Filson | Feb. 6, 2014

Timely data that provides transparency at all levels of system performance can be a significant, cooperative strong, advantage for credit unions.

By Chip Filson | Feb. 5, 2014

If the tables were turned, how would an NCUA examiner respond to NCUA's own management of NCUSIF funds?

By Rebecca Wessler | Jan. 21, 2014

Compliance is on everyone’s mind in 2014, but credit unions are discovering ways to ease the burden and support one another.

By Michael Emancipator | Jan. 20, 2014

Small and large institutions alike have a lot to look forward to in 2014.

By Catherine Siskos | Jan. 13, 2014

Credit unions can finally settle the tax exemption issue by rallying the base or striking a bargain.

By Andrew Bolton | Jan. 13, 2014

Life often hands credit unions new regulations and other lemons. Yet the cooperative system has an impressive track record of clearing these obstacles or turning them into stepping stones for new growth.

By Catherine Siskos | Jan. 13, 2014

These three far-sighted strategies can help remove roadblocks and provide a path to increased member business lending.

By Catherine Siskos | Jan. 13, 2014

One NCUA examiner-turned-CEO offers advice and insight for credit unions looking to tackle regulator concerns head on.

By Callahan & Associates | Dec. 9, 2013

NCUA’s November board actions and subsequent commentaries represent a lack of meaningful interaction between regulators and credit unions.

By Chip Filson | Dec. 6, 2013

NCUA’s November board actions and subsequent commentaries represent a lack of meaningful interaction between regulators and credit unions.

By FIS | Dec. 2, 2013

With a wealth of different options available, here’s what credit unions should really be looking for in a trusted partner.

By Drew Grossman | Nov. 19, 2013

Richard Cordray attended POLITICO’s November Morning Money Breakfast and spoke about new CFPB regulations and the goals of the bureau going forward.

By Drew Grossman | Nov. 18, 2013

BECU talks about complying with CFPB consumer complaint expectations.

By Erik Payne | Nov. 14, 2013

Third quarter performance data highlights opportunities and success in the credit union industry.

By Chip Filson | Oct. 31, 2013

At its October board meeting, the NCUA released a final liquidity rule to be put in place by March 2014

By Chip Filson | Oct. 21, 2013

The standoff over government funding and debt ceiling is a warning for a credit union system that depends on outside liquidity providers.

By Finastra | Oct. 7, 2013

No credit union is immune to the new CFPB rules regarding lending in today’s mortgage market, but smaller institutions have more time to observe the impact and assess new technology before implementing the changes.

By Sharon Simpson | Sept. 16, 2013

WSECU’s short-term loan offers much-needed credit without the exorbitant rates and fees typically associated with these types of products.

By CUNA Mutual Group | Aug. 19, 2013

A look at the CFPB’s Semiannual Regulatory Agenda provides clues to what regulations lie ahead.

By eDOC Innovations | Aug. 12, 2013

The cooperative business model is gaining momentum, but is the NCUA keeping up with demand?

By Chip Filson | July 25, 2013

As of June 30, 2013, the total of the reserves established by each of the five corporates prior to liquidation shows that $5.4 billion of combined OTTI write downs are still unused.

By Chip Filson | July 23, 2013

Opportunity for credit union owners of Members United and Southwest to recover some of the losses on portfolios.

By Aaron Pugh | July 22, 2013

How GFA FCU overcame numerous challenges to take advantage of the right growth opportunity.

By Chip Filson | July 17, 2013

The June 30, 2013, update of the U.S. Central Federal Credit Union securities shows that of the total $3.5 billion other-than-temporary-impairment (OTTI) future loss estimates, more than $2.3 billion is still unused.

By Kaufman & Canoles | July 15, 2013

Avoid costly and time-consuming lawsuits by knowing the correct wording for standard business forms.

Partner Perspective
The Changing Debit Market

By | July 8, 2013

How post-Durbin developments are impacting credit union strategies.

By Jennifer Davis | July 5, 2013

Here are four different ways you can join the conversation about the need for an understanding of cooperative principles in regulatory leadership.

By Chip Filson | June 17, 2013

The results of the Co-Ops 4 Change "NCUA Survey" are in!

By NACHA | June 17, 2013

Education is key for credit union staff seeking to establish themselves as payments professionals.

By Chip Filson | June 10, 2013

Co-Ops for Change is crowd-sourcing data on each corporate credit union’s portfolio that was taken to collateralize the NCUA Guaranteed Notes (NGN).

By Chip Filson | June 10, 2013

No credit union in America has come close to the bottom-line financial results of Arrowhead Credit Union’s 3.75% ROA for both 2011 and 2012.

By Oak Tree Business Systems, Inc. | April 22, 2013

Credit unions can use change to engage with their members.

By Chip Filson | March 26, 2013

Credit unions are rediscovering the power of a community action website – a channel to encourage members to speak out and to participate on issues of common concern and interest.

By Drew Grossman | March 20, 2013

As the first major Co-Ops 4 Change initiative winds down, support for the movement is taking off.

By myCUmortgage | March 11, 2013

The scrutiny that the recent mortgage lending collapse created makes compliance in this area more important than ever.

By Paul Stull | March 8, 2013

Just a quick update on our progress here at Arizona State Credit Union.

By Alix Patterson | March 8, 2013

I’m not naïve to think this is going to be easy. But I’m also not going to let people count us out until we put up the good fight.

Blog
I'm #409

By Bill Burke | March 7, 2013

Having a background and deep understanding of cooperative principles is a very desirable attribute of any incoming NCUA Board member.

Blog
I'm #1501

By Jerry Liudahl | March 6, 2013

The future direction of the credit union movement depends on having regulatory leadership which understands both the industry and the cooperative principals by which we operate.

By Alix Patterson | March 5, 2013

I’m number 3. We need 100,000. Why are we only 1% of the way there?

Blog
I'm #475

By Dave Doss | March 5, 2013

I have a great working relationship with NCUA but I think our industry is being confronted with the need to transform itself.

By Chip Filson | Feb. 28, 2013

Now is the time for credit unions to ask critical questions about the soundness of the cooperative system.

By Melissa Forsyth | Feb. 27, 2013

Jay Murray, CEO of Mid-Atlantic Corporate FCU, shares his ideas for regulation reform at the annual Governmental Affairs Conference in Washington, DC.

By Callahan & Associates | Feb. 26, 2013

Chip Filson, Chairman of Callahan & Associates, announced Monday a major initiative: A New Vision for Cooperative Regulatory Leadership for the 21st Century.

By Melissa Forsyth | Feb. 26, 2013

Chip Filson, Chairman of Callahan & Associates, shares his WhiteHouse.gov petition drive to change the way Washington selects NCUA Board members.

By Leigh Anne Terry | Feb. 26, 2013

The White House petition process is aimed at giving people on opportunity to share concerns and get responses from their government. Here’s how it works.

By Alix Patterson | Feb. 25, 2013

Chip Filson, Chairman of Callahan & Associates, announced today a WhiteHouse.gov petition drive to change the way Washington selects NCUA Board members.

By Drew Grossman | Feb. 21, 2013

What does the president’s cabinet nomination of the CEO of a cooperative mean for credit unions?

By Chip Filson | Feb. 18, 2013

Lack of cooperative principles led to NCUA missteps during the financial crisis. Restoring those principles, widely tested through 75 years should, be our guide forward.

By Chip Filson | Feb. 18, 2013

To promote the continuous evolution of the credit union charter and its multifaceted contributions to the country’s economic progress, a new cooperative regulatory structure is needed.

By Chip Filson | Feb. 18, 2013

Credit unions themselves need to spearhead NCUA reform. Here are the reasons.

By Chip Filson | Feb. 18, 2013

At the heart of credit unions is a new organizational model based in cooperative design. It should also be at the core of the regulatory system. A radical overhaul is called for.

By Catherine Siskos | Jan. 21, 2013

A reputation for taking care of members lands Sunmark Credit Union a revenue-boosting insurance agency that provides a cushion against hard times.

By Michael J. Sacher | Jan. 18, 2013

Mike Sacher and Alix Patterson review issues related to the allowance for loan losses including the latest data on credit union asset quality trends, given the recent changes in regulatory reporting, and what credit unions need to consider for the coming year. 

By Michael Emancipator | Jan. 14, 2013

Credit unions that build networks with to their peers can more easily tackle regulatory challenges.

By Michael Emancipator | Jan. 14, 2013

The Ohio Credit Union League offers resources such as discussion groups and file-sharing libraries to ease the burden of complicated regulations.

By Michael Emancipator | Jan. 14, 2013

Three CUSO executives explain how service organizations like theirs help credit unions stay on track amid ever-changing reform in the financial services industry.

By Michael Emancipator | Jan. 14, 2013

Credit unions are collaborating with one another and building cooperative networks to tackle increasingly challenging regulatory issues.

By Michael J. Sacher | Dec. 26, 2012

On December 20, 2012 FASB issued a Proposed Accounting Standards Update on the allowance for loan losses which could have a profound impact on credit unions.

By Michael J. Sacher | Dec. 17, 2012

ALL insights and observations for year-end 2012.

By Brooke C. Stoddard | Dec. 3, 2012

Michael Martin of FedChoice Federal Credit Union discusses what issues his credit union is focusing on in 2013 and how regulation is playing an increasing role in credit union risk management.

By Brooke C. Stoddard | Nov. 19, 2012

University Federal Credit Union is a mover and shaker in Central Texas.

By Callahan's Executive Team | Nov. 19, 2012

Only credit unions can do what they do for communities; let’s get to work and spread the word.

By Michael Emancipator | Oct. 16, 2012

The CFPB says it wants to include credit union voices as it finalizes regulations required by Dodd-Frank.

By Messick & Lauer P.C. | Oct. 16, 2012

Conduct quarterly internal audits to ensure your vendors are in compliance with regulations.

By Rebecca McClay | Oct. 11, 2012

Credit unions have come a long way with their political advocacy, but in many races there’s a need for even more.

By Rebecca McClay | Oct. 9, 2012

Credit unions have several important issues to consider this election cycle as they scrutinize their local candidates.

By Rebecca McClay | Oct. 8, 2012

Credit unions still have plenty of time to play an active role in this year’s political cycle.

By Michael Emancipator | Oct. 8, 2012

Credit unions are eager to learn whether the new council will truly serve as an impactful voice for the industry as the CFPB drafts regulations.

By Callahan's Executive Team | Aug. 25, 2012

A credit union charter could save Bank of America customers billions of dollars annually. That’s a non-government stimulus waiting to happen.

By Aaron Pugh | Aug. 7, 2012

Australia’s oddly named bank switching legislation highlights a growing demand for easier swaps between financial institutions.

By Aaron Pugh | Aug. 6, 2012

Some credit unions outsource compliance expertise while others invest in their own staff to manage growing regulatory pressures.

By Bailey Reutzel | Aug. 6, 2012

Recent ATM regulations call for better accessibility for visually impaired members.

By Rebecca Wessler | Aug. 6, 2012

Pentagon FCU and SECU of North Carolina work with regulators to create transparent, member-friendly documents.

By Rebecca McClay | Aug. 6, 2012

Rocky Mountain Credit Union's Holly Lane discusses how she manages today's complicated regulatory environment.

By Callahan & Associates | Aug. 6, 2012

Mortgage lenders can brush up on the details of the Secure and Fair Enforcement for Mortgage Licensing Act.

By Brian G. Lauer | Aug. 6, 2012

Credit unions cringing at new regulation proposals can be proactive in several ways.

By Rebecca McClay | Aug. 6, 2012

Wright-Patt CEO Doug Fecher wants credit unions to be aware that new rules from the Consumer Financial Protection Bureau could indeed affect them.

By Chip Filson | July 23, 2012

NCUA’s June 30 data confirms a turnaround at Arrowhead and prompts serious questions about the agency’s supervisory judgments.

By Rebecca McClay | June 21, 2012

Credit unions are skeptical that the Consumer Financial Protection Bureau’s new complaint policy will prove valuable.

Partner Perspective
The ATM Compliance Tipping Point

By Cardtronics | June 11, 2012

Credit unions must consider ongoing options to manage this critical shift.

By Randy Karnes | May 10, 2012

A CUSO promises to go the extra mile to glean maximum benefits from its interactions with the NCUA and challenges NACUSO to do the same.

By Bailey Reutzel | April 16, 2012

The reintroduced member business lending bill has been a hot topic of discussion.

By Randy Karnes | April 13, 2012

In the light of day, NCUA’s disclosure that FIS received an information technology supervisory letter from the FDIC doesn’t appear threatening. Is that good or bad?

By Aaron Pugh | March 26, 2012

NCUA advises of its top priorities, but warns recommendations may extend beyond written regulations.

By Randy Karnes | Feb. 22, 2012

Examinations require an investment, and credit unions, CUSOs, and credit union members should have a clear set of goals for that effort.

By Aaron Pugh | Feb. 22, 2012

As credit unions bring their older units up to speed, they should consider the direction the industry is moving.

By Chip Filson | Feb. 8, 2012

NCUA testimony before the House Financial Services Committee leaves elected officials with serious questions about the agency's actions.

By Callahan & Associates | Feb. 6, 2012

Credit unions have greater flexibility to help underwater borrowers with Government-Sponsored Enterprise backed loans.

By Michael J. Sacher | Jan. 27, 2012

A summary of key provisions of the proposed action with commentary on what the rule will mean for credit unions.

By Mark Reed | Jan. 23, 2012

Non-interest income is an important metric for any credit union. How did it fare in 2011, during the calm before the Durbin Amendment storm?

By Chip Filson | Jan. 5, 2012

A new audit shows the NCUA Corporate Resolution Plan cost credit unions almost $1.5 billion more than previously reported.

By Callahan & Associates | Jan. 1, 2012

Best practices for reducing expenses, improving vendor performance, and achieving regulatory compliance.

By Chip Filson | Dec. 21, 2011

There has been no public accounting for the Temporary Corporate Credit Union Stabilization Fund for nearly two years. Where are the voices calling for light?

By Jim Holt | Dec. 12, 2011

Student loans continue to be a real need for many members, and credit unions can help in several ways.

By CU Direct | Nov. 21, 2011

Surviving in a new economy requires successfully managing risk and satisfying new regulatory requirements.

Partner Perspective
Tax Incentive For The Tax Exempt

By | Oct. 24, 2011

Is your credit union eligible to take advantage of a special tax incentive?

By Callahan & Associates | Oct. 1, 2011

To take the pulse of collaborative business lending, CUSP gathered three business lending CUSO CEOs to discuss the markets they serve, why experience is so important, and what consolidation means for the future of their businesses.

By Michael Emancipator | Sept. 6, 2011

Language is unclear in the law regulating credit unions investing in derivatives. Will NCUA’s new effort to revisit the rule help?

By Chip Filson | Sept. 5, 2011

Small voices can add up to be more than enough.

By Chip Filson | Aug. 8, 2011

August 2 proved to be a pivotal day for the country, for credit unions, and for NCUA.

By Chip Filson | July 25, 2011

Evaluating NCUA’s call for voluntary prepayment can be tricky, but here are some key factors to consider.

By | July 15, 2011

Henry Wirz, CEO of SAFE Credit Union, provides his recommendations for reform in the credit union system.

By Rebecca McClay | July 4, 2011

Credit unions will have to “get innovative” now that a new regulation on debit swipe fees is finalized, one credit union executive says.

By Brooke C. Stoddard | July 1, 2011

The impending reprice of interchange fees has some credit unions anxious; others are seeing opportunity.

By Callahan & Associates | July 1, 2011

Balance reward and risk to manage your credit card portfolio.

By Callahan & Associates | July 1, 2011

Meeting the demands of tech-savvy customers while minimizing costs and protecting payment data can be a challenge, particularly in an era of growing regulatory oversight.

By Callahan & Associates | July 1, 2011

10 advantages financial institutions have over competitors in the developing payments space.

By Alix Patterson | June 21, 2011

Jay Johnson outlines five key operational and strategic topics that credit unions across the country are debating in their Board rooms.

By Sageworks, Inc | June 20, 2011

Estimation of the Allowance for Loan and Lease Losses has been a part of credit union accounting processes for years, but it has become more important recently.

By Rebecca McClay | June 20, 2011

Credit unions can find a “tremendous pricing opportunity” under the proposed Durbin Amendment, says one industry expert.

By Chip Filson | June 6, 2011

The new request presents an opportunity for a vote of confidence on NCUA’s management of the corporate stabilization process.

By Chip Filson | May 2, 2011

The information contained in the analysis is so misleading it casts doubt on NCUA’s ability to understand the issue and its impact on credit unions.

By Chip Filson | April 25, 2011

Systemic reform is necessary to satisfy the growing needs of members.

By Lydia Cole | April 25, 2011

Operating expense to income, efficiency, members per employee: Three metrics to evaluate your credit union and bridge the gap between macro trends and micro performance.

By Chip Filson | April 18, 2011

How to redesign the NCUSIF for a 21st century credit union system.

By Lydia Cole | April 11, 2011

Cost of funds, net interest margin, operating expense ratio: Three metrics to evaluate your credit union and bridge the gap between macro trends and micro performance.

By Chip Filson | April 1, 2011

The opportunity to address a fundamental flaw in the cooperative structure is available, the options are actionable, and credit union energy is pent up, ready for action.

Feature
All Aboard

By Rebecca Wessler | April 1, 2011

Engaged Board members contribute to Guthrie's membership as well as its bottom line.

By Callahan & Associates | April 1, 2011

Fate has dealt difficult cards for consumers and institutions alike. How will credit unions show the way forward?

Partner Perspective
Life After Refi. Are You Ready?

By myCUmortgage | March 21, 2011

More than 85% of mortgage applications were for refinances during the peak of the refi boom. Now it’s less than two-thirds. How can you prepare for the decline?

By Rebecca Wessler | Feb. 4, 2011

Chip Filson talks with CUbroadcast about the past, present, and future of credit unions.

By Callahan & Associates | Feb. 1, 2011

When you desire change in our industry, you are confronted with a choice: You can work within the system, or outside it

By Chip Filson | Jan. 31, 2011

Credit union volunteers must meet certain financial knowledge requirements. Shouldn’t the movement’s governing agency be held to a similar standard?

By Thomas Cullen | Jan. 24, 2011

Debit interchange regulation is moving the market away from free checking, which gives credit unions a new way to enhance member relationships.

By Chip Filson | Jan. 1, 2011

A healthy regulatory environment requires transparency, member representation, and member participation, all lacking today. The movement should take a hard look at the current situation determine what is not working and how repairs might be made.

By Chip Filson | Jan. 1, 2011

It presents my belief that we have come to an impasse with the NCUA and with those who think our system is simply a “bank-lite” version of financial services. I make no secret how I feel about those who would sacrifice our system for quick fixes or political convenience instead of nurturing our collective capabilities to respond to the everyday needs of our members.

By Thomas Cullen | Dec. 29, 2010

A new calendar means new chances for credit unions to seize the economic recovery.

By Thomas Cullen | Dec. 27, 2010

From enhanced expertise to reduced overhead and stress, the benefits of joining a CUSO are evident.

By Chip Filson | Dec. 27, 2010

Credit union CEOs need to urge their representatives to take another look now.

By Chip Filson | Dec. 6, 2010

The perfunctory review shows there is no governance process controlling NCUA’s exercise of its authority.

By Jay Johnson | Nov. 29, 2010

Credit unions are increasing their technology budgets, especially for features that enhance member service, improve accessibility, or help the institution keep pace with regulatory compliance.

By Thomas Cullen | Nov. 11, 2010

Mountain America Credit Union used a variety of marketing methods to educate members.

By Alix Patterson | Nov. 1, 2010

National reports and local initiatives illustrate how responsible financial institutions help members save money, spend wisely, and jump-start economies.

By Thomas Cullen | Nov. 1, 2010

When Regulation E hit, credit unions responded. Now industry leaders use it as a platform to engage members.

By Rebecca Wessler | Oct. 18, 2010

CFCU sponsors brown bag events to educate legislators and advocate for the credit union movement.

By Rebecca Wessler | Oct. 18, 2010

Community First Credit Union sponsors brown bag events to educate legislators and advocate for the credit union movement.

By Chip Filson | Oct. 14, 2010

The focus is an analysis of NCUA’s September 24 actions on the Corporate system and lessons to be drawn for future action. The information is to help you decide what these actions might be for corporates, natural person credit unions, your members and the American Financial System.

By Alix Patterson | Oct. 8, 2010

Mixed signals about the economy don’t diminish the positive work of credit unions.

By Callahan & Associates | Oct. 1, 2010

Five factors to help your credit union make the right data processing decision.

By Alix Patterson | Sept. 27, 2010

Credit unions have the ability to serve members through all financial times.  

By Chip Filson | Sept. 20, 2010

NCUA’s 0.124% NCUSIF premium announcement follows this logic: Things are bad because we said so. Therefore, we’re taking this premium action because things are bad.

By Callahan & Associates | Sept. 9, 2010

An interview with Chip Filson about Callahan’s upcoming webinar discussing the credit union opportunity in 2010 and 2011.

By Chip Filson | Sept. 2, 2010

In late July, Inland Empire community leaders sent NCUA a letter about Arrowhead’s conservatorship. On August 10, NCUA responded but failed to address the writers’ chief concern — when will they get their credit union back?

By Rebecca Wessler | Sept. 1, 2010

The credit union says it is seeking its constitutionally guaranteed due process from NCUA.

By Alix Patterson | Aug. 16, 2010

Our current climate is not only a time of opportunity but also a time for action.

By Alix Patterson | Aug. 9, 2010

Credit card balances are up 6.7% from June 2009.

By Chip Filson | Aug. 9, 2010

A complaint filed by Kappa Alpha Psi FCU suggests its liquidation runs deeper than regulatory obligation.

By Rebecca Wessler | Aug. 4, 2010

A new section of Southeast Corporate’s website gives members an outlet to speak out about the value their Corporate provides.

By Jay Johnson | Aug. 2, 2010

Industry knowledge, experience, and insight are critical components of auditor services.

By Chip Filson | Aug. 2, 2010

A regulatory environment that values member protection benefits the credit union movement.

By Lydia Cole | July 26, 2010

Given the similarities between MSBs and credit unions, will any consider converting to a credit union charter when the Office of Thrift Supervision ceases to exist?

By Rebecca Wessler | July 20, 2010

A message from the banking sector provides a ray of light contrary to gloom and doom forecasting.

By Sam Brownell | July 19, 2010

For the one-third of credit unions that participate in member business lending, government restrictions influence their business models and local economies.

By Chip Filson | July 13, 2010

Past structural changes at NCUA are relevant to today’s credit union environment.

By Chip Filson | July 7, 2010

Should Regulatory Policy Make Temporary Failure a Permanent Condition?

By Callahan & Associates | July 1, 2010

The passage of the Durbin Amendment likely will give big merchants the power to dictate consumer finance, just as they did in the 1950s.

By Lydia Cole | July 1, 2010

Threatss to non-interest income highlight service organizations' potential in income diversification.

By Callahan & Associates | July 1, 2010

Promoting thrift and providing a source of credit are two components that steer whether a credit union service is subject to UBIT.

By Rebecca Wessler | June 30, 2010

Four resources to help you understand the issues brought on by today’s environment and evaluate if your credit union has a healthy mix of income sources.

By Chip Filson | June 29, 2010

Consumers are Spending, Legislation is Agreed Upon, and FDIC Sits Tight

By Chip Filson | June 28, 2010

Independence Day celebrates not only our freedom but also the many efforts and sacrifices made to achieve it. The price is eternal vigilance.

By Sam Brownell | May 27, 2010

Banking lobbying group’s argument against raising the MBL cap? Self-interest.

By Becca Clark | May 17, 2010

Surcharge limitations would create a toxic situation for consumers and small businesses alike.

By Brannan Johnston | May 14, 2010

Card issuers can now use income estimation models to meet CARD requirements. Learn more about selecting the right model for your organization.

By Chip Filson | May 3, 2010

The co-operative model dissolves the conflict between co-operation and competition with a singular focus on the well-being of the member.

By Chip Filson | April 26, 2010

Public policy efforts for 2010 focus on initiatives that benefit Main Street, where credit unions live and work.

By Alix Patterson | April 20, 2010

Credit unions share powerful insights and successful strategies.

By Aaron Pugh | April 19, 2010

Acquaint yourself with the new wave of short-term credit users and prevent payday lenders from doing serious damage to your membership.

By DigitalMailer, Inc. | April 19, 2010

With a Regulation E Overdraft Rules deadline just around the corner, credit unions are facing another compliance challenge for their overdraft services.

By Brooke C. Stoddard | April 5, 2010

John Tippets talks about the economy, California’s stinging real estate market, and the credit union’s return to its core competencies.

By Sam Brownell | April 5, 2010

Callahan’s year end non-interest income survey provides a snap shot of the industry before Reg E changes take effect.

By Denise Senecal | April 2, 2010

Changes to Regulation E and consumer opt-in requirements could significantly impact credit union non-interest income.

By Brooke C. Stoddard | April 1, 2010

North Island Credit Union put in place a rigorous cost-cutting regime as soon as the economic crisis hit.

By Brooke C. Stoddard | April 1, 2010

Hershey Federal Credit Union was hit with the impact of financial troubles before 2009 and worries about growth and regulation in the upcoming years.

By Callahan & Associates | April 1, 2010

Over the course of 2009, many new regulations came about that have an impact directly on credit unions.

By Rebecca Wessler | April 1, 2010

A glimpse at the cheer worthy, jeer worthy, and tear worthy stories for the week of March 29, 2010.

By Chris Tissue | April 1, 2010

This edition is brought to you straight from the corporate communities that use this holiday to have a little fun and show some personality. And from the letters C and U.

By Elliott Kashner | April 1, 2010

With everyone wanting and urging increased lending, why isn’t it happening?

By Brooke C. Stoddard | April 1, 2010

Mark Cochran talks about Jeanne D'Arc success and how they worked through the financial crisis after replacing a long-standing, retiring CEO in 2007.

By Brooke C. Stoddard | April 1, 2010

Arizona State Credit Union CEO, Dave Doss talks about how the credit union saw trouble in 2008 and in turn began to tighten its belt early.

By Denise Senecal | March 29, 2010

Credit unions face challenges in educating members and gaining approval for overdraft protection before the July 1 deadline.

By Chip Filson | March 26, 2010

Chip Filson urges credit unions to sign a letter for President Obama that documents the extraordinary performance of the industry during the financial turmoil of 2009.

By Rebecca Wessler | March 23, 2010

President and CEO Jim Blaine talks about what increased regulation means for State Employee’s of North Carolina and the industry at large. (video included)

By Rebecca Wessler | March 23, 2010

President and CEO Jim Blaine talks about what increased regulation means for State Employee’s of North Carolina and the industry at large. (video included)

By Rebecca Wessler | March 19, 2010

A glimpse at the cheer worthy, jeer worthy, and tear worthy stories for the week of March 15, 2010.

By Rebecca Wessler | March 5, 2010

A glimpse at the cheer worthy, jeer worthy, and tear worthy stories for the week of March 1, 2010.

By Timothy Kolk | March 1, 2010

Understanding the changing landscape of credit cards is critical for growing a prudent, profitable program.

By Rebecca Wessler | Feb. 23, 2010

New studies and credit issuer backlash against CARD Act regulations highlight just how plastic American consumers are.

By Rebecca Wessler | Feb. 19, 2010

A glimpse at the cheer worthy, jeer worthy, and tear worthy stories for the week of February 15, 2010.

By Rebecca Wessler | Feb. 19, 2010

Hot-topic measures up for discussion at the GAC are geared to expand the capacity of the credit union industry to make an impact on local economies.

By Alix Patterson | Feb. 15, 2010

To help credit unions make the most of their time in front of lawmakers – both national and local – we’re providing a three-pronged attack for political persuasion, as well as a 60-page resource of articles and insight from Chip Filson.

By Chip Filson | Feb. 8, 2010

NCUA seems not only at cross purposes with credit unions, but completely out of touch with the dominant priorities of the Administration.

By Chris Tissue | Feb. 4, 2010

Andrew Cuomo may be big bank enemy number one.

By Rebecca Wessler | Feb. 2, 2010

Proposed legislation around the country is opening the market for credit unions to compete for municipal deposits, but a law circulating in one Southwestern state assumes a more aggressive position.

By Elliott Kashner | Feb. 1, 2010

Credit union leaders must be involved and engaged for the credit union industry to seize new opportunities in 2010.

By Chip Filson | Feb. 1, 2010

NCUA should think less about “being in control” and more about working cooperatively to shape a system for the future.

By Randy Karnes | Feb. 1, 2010

NCUA’s proposed new corporate rules leave managers confused: Would investing in the reconstituted corporates be prudent? Right now, no one could be sure.

By Chip Filson | Feb. 1, 2010

It is almost a year since the NCUA took over WesCorp and almost two years since NCUA published an audit. Whatever happened to "honest numbers"?

By Callahan & Associates | Feb. 1, 2010

Diana Dykstra talks about the importance of engaging early and engaging often when pulling the ear of lawmakers.

By Elliott Kashner | Jan. 29, 2010

House Financial Services Committee Chairman Barney Frank responds to questions regarding upcoming bank regulation, the Obama plan, and the future of the Fed.

By Chip Filson | Jan. 25, 2010

So is the 2008 Report just missing in the Agency bureaucracy or is this a more serious situation? And why is this issue so important in the midst of multiple responsibilities? An allegorical Sherlock Holmes sets out to get the answers.

By Chip Filson | Jan. 18, 2010

WesCorp staff, like all corporates, has been devoting much time and resources to analyzing the proposed 704 corporate rule. Read the logic behind their analysis and why NCUA should allow this information to remain public.

By Rebecca Wessler | Jan. 12, 2010

President Obama is set to release his 2011 budget plans in February, and it's rumored that a proposed TARP fee will require financial institutions to help replenish the money taxpayers forked over in 2008.

By Alix Patterson | Jan. 11, 2010

This weekend, two writers in national papers discussed "strategic defaults" -- when a homeowner choses to walk away from a house underwater, rather than continuing to pay their mortgage.

By American Recovery Association | Jan. 11, 2010

One of the most important questions facing the recovery industry today is whether or not there is a need for more government intervention.

By ALM First Financial Advisors | Jan. 4, 2010

Given today’s economic challenges and stringent regulatory environment, it’s no wonder many credit unions are considering mergers. Whether it’s mergers of necessity or mergers of choice to better serve members, the process to combine credit unions has undergone substantial changes.

By Callahan & Associates | Jan. 1, 2010

What do the proposed regulations mean for your credit union and your corporate? Will this rule create the corporate system in which your credit union will invest?

By Callahan & Associates | Jan. 1, 2010

Credit unions must address key issues at institutional and regulatory levels.

By Callahan & Associates | Jan. 1, 2010

Engage early. Engage often. Lawmakers need to hear from credit unions.

By Brooke C. Stoddard | Jan. 1, 2010

Dealing with regulation is taking time away from helping members; we have to be vigilant and ramp up our lobbying efforts.

By Chip Filson | Dec. 14, 2009

The crisis now facing credit unions is best solved not with an “insurance” mindset but a capital one, keeping credit unions operating and growing.

Partner Perspective
Building a Vendor Management Plan

This applies as you consider what you really want from your overall Vendor Management Plan. To illustrate the point, I will use a comparison of building a house and building your Vendor Management Plan.

By Callahan & Associates | Dec. 7, 2009

APL FCU in Maryland leveraged the CARD Act to teach their members about responsible credit card practices. They’ve seen new outstanding card balances triple from the year prior.

By Chip Filson | Dec. 1, 2009

Insurance funds like the FDIC were set up to pay off relatively small claims, not solve problems during systemic failure. NCUSIF in 1984 and the CLF were set up differently, with capital. The financing now facing credit unions is best solved not with an “insurance” mindset but a capital one.

By Elliott Kashner | Nov. 23, 2009

Deborah Matz had called the monthly meeting of the NCUA board to consider several proposals including the highly anticipated release of the detailed corporate regulatory proposal. However, the full proposal is currently available on CreditUnionsRising.com.

By Brooke C. Stoddard | Nov. 12, 2009

A legislative staffer outlines the right and wrong ways of working with lawmakers’ offices.

By Brooke C. Stoddard | Nov. 9, 2009

Unfortunately, lawmakers are capable of writing flawed legislation, but meeting with and guiding them is easier than you would think.

By Chip Filson | Oct. 26, 2009

Leaders of all the organizations within the credit union system are stewards of a mutually endowed legacy. That legacy includes financial and physical resources, but it also includes the values and promises to each other that were the basis for accumulating the resources in the first place.

By Chip Filson | Oct. 19, 2009

Last week Elinor Ostrom of Indiana University shared the Nobel Prize in Economics. Her insights speak directly to a critical issue in the credit union system today: the effective management of common resources.

By CRIF Lending Solutions | Oct. 12, 2009

While we can certainly get caught up in the implications of these eminent changes, smart credit unions will look forward to new opportunities.

By Chip Filson | Oct. 12, 2009

On Friday, October 9, CUNA and NAFCU announced they were in agreement on a proposal to send to NCUA. However important this option will be in the evolution of the credit union system, it is not the most important capital priority for NCUA or the credit union system.

By Jay Johnson | Oct. 5, 2009

While participants spoke on a variety issues, four key issues seemed to resonate most often in their comments and questions. Here is a summary of these issues and selected comments from attendees.

By Callahan & Associates | Oct. 1, 2009

Legislation and regulation now being considered might be more harmful than helpful; witness our troubles with the CARD Act. We need to be deeply engaged in the political process of shaping new laws so our members can lead better lives not more constricted ones.

By Callahan & Associates | Oct. 1, 2009

If Congress wants to establish an agency protecting consumers from predatory financial services practices, credit unions should show their support. Mainly we’ve “been clean” and are likely to win new members.

By Randy Karnes | Oct. 1, 2009

Assumptions about over-drafting have changed. Rather than fight old battles, credit unions should acquire the tools to help members know their balances in real time.

By Callahan & Associates | Oct. 1, 2009

The CARD Act restructured terms, reduced limits, increased rates and fees for credit cards. Gene Foley talks about the opportunity for credit unions in this market.

By Chip Filson | Sept. 28, 2009

Last Thursday's, September 24th, NCUA Board meeting demonstrated the need for the Board to start asking some tough questions about numbers being presented to justify Board actions.

By Chip Filson | Sept. 7, 2009

This is a rare opportunity for the credit union system to rediscover and state the cooperative values and mission for which everyone shares responsibility. Document your facts, share your experiences, be specific in your suggestions about what you believe needs to be done.

By Callahan & Associates | Sept. 1, 2009

Credit unions should stand up for health-care reform - to help their employees, their own organizations, their country and their members.

By Callahan & Associates | Sept. 1, 2009

Callahan & Associates

By Chip Filson | Sept. 1, 2009

Few recent politcal issues have generated as much intense public discussion as health-care reform. Every American uses health care. Should credit unions be involved?

By Callahan & Associates | Sept. 1, 2009

Rising health insurance costs batter credit union bottom lines. Credit union leaders should get involved to assure first, a logical debate and second, a levelheaded outcome.

By Alpha Omega Laser | Aug. 31, 2009

Another governmentally-imposed tsunami has washed ashore! Legislation rolls in as quickly as ocean waves, drowning its victims under a storm-tossed sea of churning regulations.

By Chip Filson | Aug. 17, 2009

In reading the NCUA's July 31 press release, listening to their August 11th webinar, and talking with Corporates about NCUA's unilateral change to the CLF's twenty-five year funding structure, an age old nursery rhyme came to mind.

By Alix Patterson | Aug. 11, 2009

testing

By Dane Coalson | Aug. 10, 2009

Negative headlines about financial institutions are commonplace in our current national climate, but one issue in particular has risen above the din in the last few months.

By Dane Coalson | Aug. 5, 2009

The Credit Card Accountability Responsibly and Disclosure (CARD) Act, published on July 15th, was designed to protect consumers from predatory practices in credit card programs. Only recently have the full compliance implications surfaced. Many credit unions have been confronted with a host of last minute compliance issues as the bill's reach is all open end lines of credit, not cards alone.

By Ed Callahan | Aug. 3, 2009

The following is an edited version of remarks by NCUA Chairman Edgar F. Callahan and General Counsel Wendell Sebastian from two talks to credit union managers and to the credit union press. They discuss the capitalization plan and what credit unions have to do to make this new insurance system work.

By Chip Filson | Aug. 3, 2009

NCUA’s abrupt change from collaboration to dictate, accompanied by the dramatic escalation of immediate expense write-offs, sent shock waves across credit union land.

By Dane Coalson | Aug. 3, 2009

The bill's reach is much greater than credit cards; all open end lines of credit are affected. The first implementation date driving the widespread concern is the August 20th initial compliance deadline for providing a 21 day notice for a periodic payment.

By Callahan & Associates | Aug. 1, 2009

As if the whole mortgage mess of last year — “Let’s make our dollars at someone else’s expense while the getting’s good” – wasn’t bad enough, now we have a Congress with full knowledge that health care, energy consumption, and global warming all require serious attention nevertheless slinking to positions that only tinker at the margins.

By Dane Coalson | July 31, 2009

Since credit unions were largely uninvolved with the practices that lead to the creation of the CARD Act, they are strongly positioned to benefit from the current environment as disaffected bank customers look to establish credit with financial institutions they can trust.

By Lydia Cole | July 27, 2009

With the departure of the National Arbitration Forum and the American Arbitration Association, credit unions have an opportunity to emphasize their member-friendly credit card practices.

Feature
Amend H.R. 1151

By Bucky Sebastian | July 20, 2009

Language on reserving in H.R. 1151 could strangle credit unions in this economy; it needs to be changed.

By | July 13, 2009

When the White House announced its intention to nominate Deborah Matz to the NCUA board and appoint her Chairman, a whole new world of possibilities was created.

By Callahan & Associates | July 1, 2009

Credit unions and auditors are taking a range of approaches to expensing the NCUSIF assessment.

By Credit Unions Rising | June 22, 2009

The following questions were sent to creditunions.com and Credit Unions Rising for submission to this Wednesday's NCUA Corporate Credit Union Update call.

By | June 22, 2009

The following quotes show NCUA’s changing assessments of the collective obligation of credit unions (via NCUSIF) to U.S. Central Corporate Federal Credit Union. These statements lead to a critical question: when will credit unions get their money back?

By | June 15, 2009

As NCUA's oversight of the corporate network continues from the January 28, 2009 original pronouncement of a systemic problem, the unfolding events are similar to a tragedy entering its third act.

By | June 8, 2009

In converting the unneeded capital note at US Central, for which the entire system has already paid, into a revolving capital fund, the entire movement has access to positive options for correcting problems.

By Chip Filson | June 1, 2009

When the White House announced its intention to nominate Deborah Matz to the NCUA board and appoint her Chairman, a whole new world of possibilities was created. These include actions responding to the current crisis as well as whatever might accompany a change of leadership at NCUA.

By Denise Senecal | June 1, 2009

As industry players await a GAO study on interchange fees commissioned via the recently passed Credit Cardholders' Bill of Rights (HR 627), credit unions are carefully watching to see what aspects of proposed legislation are likely to be enacted in the 111th Congress.

By Chip Filson | June 1, 2009

The last time Brooke spoke to Bill Clinton, she interrupted him to say: “But this credit union thing is all messed up. We’ve got to get that fixed.” Those are our marching orders.

By Jay Johnson | May 18, 2009

While other regulators look for alternative approaches to overcome current market dislocations, NCUA is choosing to pursue policies that have an immediate negative impact on credit unions. Why is our federal credit union regulator making decisions that hinder the industry's ability to continue serving members at a time when consumers need it most?

By Chip Filson | May 11, 2009

NCUA’s description of the corporate problem dramatically changed tone after the initial January announcement. It has also gone back to rewrite the past. However, there is one solution that could unite the industry.

By Chip Filson | April 27, 2009

Rather than matching investment losses as incurred, either from payment defaults or bond sales, NCUA has required all credit unions to expense today these loss estimates which go out years into the future. Chip Filson proposes a better solution, one that is consistent with how cooperatives generate capital, that is from future earnings.

By Credit Unions Rising | April 27, 2009

Today, the Senate is scheduled to consider S896 (the Senate version of HR 1106). Join the Credit Union Petition requesting that full hearings be held on NCUA’s request for special NCUSIF borrowing authority before this legislation is passed.

By Alix Patterson | April 24, 2009

At year-end 7,728 or 97% of all credit unions have an investment in one or more Corporates. These credit unions represent 99.5% of all CU assets. These numbers demonstrate that the future architecture of the Corporate Network is about more than investments and settlement. The decisions made will affect every credit union's operations.

By Ryan Sherwin | April 22, 2009

In an action that likely ensures Corporates’ share stability, the NCUA Board agreed to extend the Corporate share guarantee program by providing for optional quarterly extensions through December 2012.

By Chip Filson | April 13, 2009

When one looks at the recent NCUA initiated legislation now incorporated in HR 1106, the “Helping Families Save Their Homes Act of 2009,” the proposal certainly feels like a white elephant. Here’s why.

By Chip Filson | April 6, 2009

Educate yourself on the corporate issue with a compilation of Chip Filson's latest articles, webinar and press conference.

By Callahan & Associates | April 1, 2009

This draft position paper accompanied The One Thing Needful article on Creditunions.com and fully explains what needs to happen for credit unions to benefit from this opportunity.

By Chip Filson | March 30, 2009

On Tuesday, March 31st, Chip Filson hosted a press conference to review his assessment of NCUA's actions after the Conservatorship became final overnight. This is his full press statement.

By Chip Filson | March 23, 2009

A follow-up interview with Chip Filson about events following NCUA’s conservatorship by CUtv’s Hunter Moss

By Chip Filson | March 23, 2009

When Ed Callahan went to NCUA in 1981, the Illinois Credit Union League presented him with a framed memento to hang in his DC Office. The sign read: “We don’t run credit unions.” This wisdom was forgotten when last Friday, NCUA put itself in charge of the two largest Corporates with total assets of over $60 billion through conservatorship.

By Chip Filson | March 23, 2009

The industry is deeply concerned about the numbers used in taking the decisions to conserve Wescorp and US Central. I would like to explain the basis for this concern. I have attempted to describe the situation in a way that a lay person, the press, or any other interested party might understand the implications from the conclusions you reached.

By Chip Filson | March 2, 2009

NCUA has provided the architecture to address the corporate network’s collective possible losses. Simultaneously it has set in motion at lease five processes to minimize those losses while maintaining full daily corporate activity and evaluating all future options.

By Chip Filson | Feb. 23, 2009

GAC offers a full schedule of events. Anyone could easily attend multiple formal and informal events and keep very busy. But is there the opportunity to do more? Is there a larger role than that of a spectator?

By Chip Filson | Feb. 23, 2009

Just days after NCUA acted in January, Chip Filson hosted an open call on its actions. This video clip provides Chip’s interpretation of NCUA’s actions and what it means for the industry.

By Jeff Farver | Feb. 23, 2009

As I previewed Chip’s “The Special Role of Cooperatives in a Crisis,” I reflected on the fact that as I start my 30th year in credit unions, I have weathered three major crises and spent at least 15 years leading credit unions that were technically insolvent or at best extremely undercapitalized.

By Bill Wallby | Feb. 23, 2009

The impetus for change in certain aspects of Corporate operations needs to be kept in perspective with the role Corporates serve in the daily functions of credit unions. It also needs to be considered in light of recent changes in the investment markets.

By Ryan Sherwin | Feb. 16, 2009

2008 was a year of many lasting images, many negative as the economy spiraled into a downturn. With these dire times come situations where communication is critical. There are now credit union owned solutions that can help you with your quest to communicate when times are at their worst.

By | Feb. 9, 2009

In 2009, we find that the markets, banks, consumers, and businesses have lined the paths to their doors with rose petals to welcome and hail the arrival of the all-powerful, all-knowing savior—the U.S. government. The government seems more than happy to oblige.

By Chip Filson | Feb. 2, 2009

Credit unions can demonstrate again their economic leadership and they can show the public and Congress the wonderful congruence of interest between members and their financial organization.

By Chip Filson | Feb. 2, 2009

NCUA announced that $5 billion was necessary to position the Agency and the credit union system to deal with potential losses from Corporate Credit Union investments.

By